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erronis

(18,014 posts)
Wed Feb 12, 2025, 06:47 PM Feb 12

A Vermont senator is buying radio stations in (and around) his district (You're right - he's a repuglicon)

https://vtdigger.org/2025/02/12/final-reading-a-vermont-senator-is-buying-radio-stations-in-and-around-his-district/

Sen. Russ Ingalls, R-Essex, has signed off on a roughly $1 million deal to buy seven stations in the Northeast Kingdom and northern New Hampshire.



Sen. Russ Ingalls, R-Essex, is ready for some airtime.

The Newport real estate broker and Senate Agriculture Committee chair has signed a deal to buy a group of seven radio stations in the Northeast Kingdom and northern New Hampshire. He’s purchasing the stations from Bruce James, a local radio personality who, according to Ingalls, launched the first of the seven stations more than three decades ago.

The buy puts Ingalls among the largest media owners in the region that he serves in the Statehouse. The senator is set to pay just shy of $1 million for the deal, he said.

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A Vermont senator is buying radio stations in (and around) his district (You're right - he's a repuglicon) (Original Post) erronis Feb 12 OP
Next, try for vertical integration! Buy some newspapers, and a judge or two! /nt bucolic_frolic Feb 12 #1
My radio career (such as it was) took place during the era of The Rule of Sevens. rsdsharp Feb 12 #2
Winner (most money) take all! erronis Feb 12 #3

rsdsharp

(10,514 posts)
2. My radio career (such as it was) took place during the era of The Rule of Sevens.
Wed Feb 12, 2025, 07:11 PM
Feb 12

No person or entity could own more than 7 AM, 7 FM and 7 TV stations (of which no more than 5 could be VHF) TOTAL — ANYWHERE IN THE COUNTRY. And no one person or entity could own more than one of each in a given market. There were also rules against new ownership of broadcast stations and newspapers, although grandfather rules allowed existing exceptions.

The rules were relaxed somewhat later on, and virtually obliterated by the Telecommunications Act of 1996.

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